The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Saturday, February 27, 2016

North Dakota State University and the University of North Dakota sustained cuts of $6.4 million and $9.5 million, respectively. The university system's cuts included more than $1 million from Student Financial Assistance Grants. Chief Financial Officer Tammy Dolan said that won't affect awards to students in the current biennium because, based on current use of the grant program, the system anticipates unspent dollars when the two-year budget cycle ends June 30, 2017. Those dollars would normally be carried forward to the next biennium for the same purpose, and the cuts will only reduce that carryover, she said.
http://www.inforum.com/news/3950443-nd-agencies-turn-budget-cuts-cover-shortfall